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1 October 2020 | 4 replies
Do we create a real estate LLC and try to get a loan that way?
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30 September 2020 | 0 replies
We are trying to decide whether it’s better to get a LLC or a holding group?
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30 September 2020 | 0 replies
We are discussing creating an LLC to protect our personal interests.
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30 September 2020 | 4 replies
QuickBooks Online has a great dashboard that shows cash position over time and even creates a projection.If you're aggragating income/expenses from separate tax ID's or even LLC's, you can still do it, but it's problematic.
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1 October 2020 | 4 replies
Lastly, after you receive advice from other Chicago area SLH operators & the local municipal agencies that will not only save you time but direct you towards ways to save you money, you are going to likely want to register your business as an LLC with the state and obtain the proper small business renters Insurance policy under your LLC’s name (if its just a 2-3br operation the policy monthly premium cost will be very low and will shield you as an individual from the very probable situation of being personally liable for the behaviors, damages, & actions of a traditionally high-risk short-term tenant group bc no landlord’s homeowners insurance policy will cover any damages or personal liabilities that will occur when they discover the nature of the operation.
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2 October 2020 | 3 replies
I have decided to roll my 401K over to a SDIRA LLC or SDIRA Series LLC and start investing in property.
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2 October 2020 | 2 replies
I want to make sure I have current info.As the title said I am looking for the best method of converting my 401K for Real Estate investing, SDIRA LLC, Texas SDIRA Series LLC or Solo 401K.From everything I have read I am leaning toward the Series LLC but it seems the Solo 401K has some advantages although I am not sure about liability protection.
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7 October 2020 | 9 replies
Be sure to put that flip in an LLC ;)
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26 October 2020 | 3 replies
Does it matter if the house is in my name or an LLC or S-Corp?
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18 September 2022 | 4 replies
I will be using an equity line instead.Question 1: Do i need to create an llc to purchase the property or just under my name?